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so, oracle is here now. larry ellison will say that he actually had the idea to get in the cloud a long time ago but never moved on it. so, we will see how important the cloud ultimately would be. right now the data base business clearly really the driver of this business. >> maria, they say no man is an island, but apparently, a man can own an island. >> yeah. >> or two. >> i want to know who ounce the 2% of lanai he doesn't own. would you like to be that person? i'm 2 percenter. >> he ounce 98% of the island and just acquired a new home in malibu. here is guy who living -- is living large but let's not forget who this person s he came from very -- >> came from nothing. nothing. >> built this company from the ground up. so good for him he can spend his money the way he wants to. >> very inspirational person. thank you very much for that, maria, looking forward to hearing all the details. the meantime, yahoo!'s new ceo is channeling her web dna to name her new baby and also going back to the future with the
so, oracle is here now. larry ellison will say that he actually had the idea to get in the cloud a long time ago but never moved on it. so, we will see how important the cloud ultimately would be. right now the data base business clearly really the driver of this business. >> maria, they say no man is an island, but apparently, a man can own an island. >> yeah. >> or two. >> i want to know who ounce the 2% of lanai he doesn't own. would you like to be that person? i'm 2...
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>> i think oracle, my top priority is my family and my second priority would be my job at oracle. all the other stuff whether it is a museum or architecture or flying airplanes or racing sail boats is a hobby. it is my pursuit of alternative stress. so i love to compete in business and all of my hobbies i am competitive, well-. >> thanks for spending the time with us. we appreciate it. the ceo of oracle. i will see you back in new york tomorrow. have a good night. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. syou know, i've helped a lot off people save a lot of money. but today...( sfx: loud noise of large metal object hitting the ground) things have been a little strange. (sfx: sound of piano smashing) roadrunner: meep meep. meep meep? (sfx: loud thud sound) what a strange place.
>> i think oracle, my top priority is my family and my second priority would be my job at oracle. all the other stuff whether it is a museum or architecture or flying airplanes or racing sail boats is a hobby. it is my pursuit of alternative stress. so i love to compete in business and all of my hobbies i am competitive, well-. >> thanks for spending the time with us. we appreciate it. the ceo of oracle. i will see you back in new york tomorrow. have a good night. if we want to...
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they will provide mapping service to oracle customers. they bought the maker four years ago to compete with google maps. they are struggling in the cell phone market. the announcement came on day two of the huge oracle conference in san francisco. a new version of the database, they call it my sql5.6 release. it will help users meet the application requirements. >>> a policy making body got a start today. wage theft includes ignoring minimum wage laws. it was a chance to create a task force. >> make sure we are enforcing the law as much as we can. not something that has been done. but i think if wage theft is going to end, it should end in san francisco. >> wage theft is prevalent in the city. they found half of all restaurant workers do not get minimum wage. >>> commuters will see more rail service because of ridership. cal train added two new trains today and restored four others. ridership reached a high in june resulting in packed trains. they will add two new trips between stockton and the south bay and a bus line will run more frequ
they will provide mapping service to oracle customers. they bought the maker four years ago to compete with google maps. they are struggling in the cell phone market. the announcement came on day two of the huge oracle conference in san francisco. a new version of the database, they call it my sql5.6 release. it will help users meet the application requirements. >>> a policy making body got a start today. wage theft includes ignoring minimum wage laws. it was a chance to create a task...
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they have oracle open world going on in that area. so it really has been causing a mess of a commute. my traffic producer says every day she has to take bart if she is in that area because there's just such congestion around that south of market area because of that one block of howard being closed. back outside, here's a live look "timesaver traffic" camera this is the nimitz, dark, but the oakland coliseum is there in the distance. taillights are moving northbound and overall, it's a nice drive between hayward and downtown oakland. similar story if you are commuting even farther south through milpitas. a live look at 880/237. mass transit is on time of the we have been off to a great start including all those bart trains. that's a check of your "timesaver traffic." traffic and weather together every 10 minutes, back to you. >> thank you. >>> a new report says nearly all americans will see higher taxes if congress fails to renew tax cuts set to expire at the and of the year. the two major parties are split on exactly who should conti
they have oracle open world going on in that area. so it really has been causing a mess of a commute. my traffic producer says every day she has to take bart if she is in that area because there's just such congestion around that south of market area because of that one block of howard being closed. back outside, here's a live look "timesaver traffic" camera this is the nimitz, dark, but the oakland coliseum is there in the distance. taillights are moving northbound and overall, it's...
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oracle. you know? races going on. >> the manager says the whole city is sold out and have not yet mentioned giants that will be in town. >> this is the beginning of great number of events in our city. >> the mayor kicked off fleet week and outside of the pub he says he's never seen the like. >> this is at it's best f you'd like a list of the things mentioned you can find it by going to abc 7 news.com click on the see it on tv link and there are tips on how to get around in san francisco. on this very busy week. >> thank you. >> he looks great. >> there is going to be a lot of traffic jams and there are resources to help you get around the city. >> that does it for he this edition. >> and and the a defense attorney explains why his student killed a nursing student michelle li. >> and a man carrying a grenade creates a major scare. >> there is is heat extending to the ko. high temperatures so far coming up. >> good evening, i'm cheryl jennings. >> was it a crime of passion or murder? >> that is what he h
oracle. you know? races going on. >> the manager says the whole city is sold out and have not yet mentioned giants that will be in town. >> this is the beginning of great number of events in our city. >> the mayor kicked off fleet week and outside of the pub he says he's never seen the like. >> this is at it's best f you'd like a list of the things mentioned you can find it by going to abc 7 news.com click on the see it on tv link and there are tips on how to get around...
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. >>> today's day three of oracle's world conference. now, ceo, larry ellison, will be delivering the keynote speech about cloud computing and social media. this runs through thursday. >>> they will be outside. more hot weather a's. it may even be -- ahead. it may even be hotter today. up next, steve paulson will have the forecast for your area. >>> and it's pretty slow in the south bay right now. i will give you an update on that commute. ♪ [ female announcer ] at yoplait, we want you to feel even better about your favorite flavors. so when you call, tweet, and post, we listen. that's why yoplait light and yoplait original are now made with no high fructose corn syrup. and why we use only natural colors and natural flavors in yoplait original. so, anything else we can do for you, let us know. but you'll keep it to yogurt, right? 'cause we shouldn't really help with your love life. yoplait. it is so good! >>> sexual assaults are on the rise around the uc berkeley campus. that's according to a new police report. uc campus police say 24
. >>> today's day three of oracle's world conference. now, ceo, larry ellison, will be delivering the keynote speech about cloud computing and social media. this runs through thursday. >>> they will be outside. more hot weather a's. it may even be -- ahead. it may even be hotter today. up next, steve paulson will have the forecast for your area. >>> and it's pretty slow in the south bay right now. i will give you an update on that commute. ♪ [ female announcer ] at...
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cnbc wealth editor robert frank has dug into the oracle ceo's expenses. robert, what have you found? >> thanks, simon. well, apparently, buying islands in hawaii, that can start to get pretty expensive. oracle's latest proxy shows that larry ellison has pledged 139 million shares as collateral to "secure certain personal indebtedness including various lines of credit." now, that means he's pledged $4.2 billion in stock for personal loans and lines of credit. why does he need so much cash? well, you might remember that ellison bought lanai, the sixth largest island in hawaii, for $500 million earlier this summer. this week he also bought another property, $37 million mansion in malibu. he already owns about five properties on the same stretch of beach. that in addition to the mansion he owns in rhode island, a giant home in san francisco, a villa in tokyo, and a 240-acre estate near paul springs that has its own 19-hole golf course. now, that's not to mention the properties he's buying around lake tahoe. now, ellison also likes his jets, his sport cars, an
cnbc wealth editor robert frank has dug into the oracle ceo's expenses. robert, what have you found? >> thanks, simon. well, apparently, buying islands in hawaii, that can start to get pretty expensive. oracle's latest proxy shows that larry ellison has pledged 139 million shares as collateral to "secure certain personal indebtedness including various lines of credit." now, that means he's pledged $4.2 billion in stock for personal loans and lines of credit. why does he need so...
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he helped to restructure a software company that resold itself to oracle too. that's the kind of activist cfo that they need. the fact that she picked him tells them they're going in the right direction. the plan we will hear more about when they report in two weeks, i think the stock can start marching higher. the reason is simple. the company can get aggressive about unlocking the pieces and yahoo! has got a lot to unlock. whatth week goldman sachs came out with a terrific pieces. i said i'm changing my mind. this is really good research where they added yahoo! to the buy list based on the sum and parts of the analysis, some of the most rigorous analysis on yahoo!. let's go through the pieces. first, yahoo! owns a major stock in ali baba, like the ebay and paypal of china. the old management didn't know what to do with it. that changed back in may when the predecessor interim ceo ross levinsohn worked out a deal to have ali baba buy back half of the position. this sale closed less than two weeks ago with yahoo! netting $4.2 billion in cash and fees. and even
he helped to restructure a software company that resold itself to oracle too. that's the kind of activist cfo that they need. the fact that she picked him tells them they're going in the right direction. the plan we will hear more about when they report in two weeks, i think the stock can start marching higher. the reason is simple. the company can get aggressive about unlocking the pieces and yahoo! has got a lot to unlock. whatth week goldman sachs came out with a terrific pieces. i said i'm...
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the company's oracle world conference in san francisco. nokia's recently signed deals as well with groupon and amazon which dropped google maps. shares up marginally this morning julia got to a chance to sit down with sheryl sandberg. so tune in for that interview. shares in banco popular have resumed trading. the banks approved a 2.5 billion rights issue. it will report record write downs and has suspended its dividend due this month. this comes after an independent audit of the country's lenders show they need an extra 60 billion euros. and from spain to italian bank, alessandro profumo is set to stand trial along with 19 other executives over allegations of tax fraud. that trial taking place in milan and that's where claudia joins us. just remind us of how this case is laid out. let's's start with the fact that right now the judge is actually starting to hear this trial, it was scheduled for this morning. it was delayed until 1 chlt11:4. oftentimes in the first part of the trial, it does get delayed. no sign of profumo or the other defe
the company's oracle world conference in san francisco. nokia's recently signed deals as well with groupon and amazon which dropped google maps. shares up marginally this morning julia got to a chance to sit down with sheryl sandberg. so tune in for that interview. shares in banco popular have resumed trading. the banks approved a 2.5 billion rights issue. it will report record write downs and has suspended its dividend due this month. this comes after an independent audit of the country's...
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oracle's application growth was nil. and there frankly is not -- the growth tends to be acquisition growth. and people love it. they don't look through the numbers. one of the frustrating things for the purists is there wasn't a lot of growth in oracle and the stock didn't get hit. this is a remarkable time, guys. here you don't have the classic what you want to see from tech, which is good revenue growth and no one seems to mind. >> i think in certain companies, investors are willing to look past. that's oracle, that's amazon, a number of them. and they're very much connected to the people running those economies. 234 particular, mr. ellison, mr. bezos. they're not going to react, not going to run and hide from one quarter that may not be exactly what you're looking for. it wasn't a bad quarter. >> no. a lot of people are asking, why does google keep going up? i say, it's not up a lot. second, they are mobile. so everything that you read about that's bad for mobile is perfect for google because it's search oriented. the
oracle's application growth was nil. and there frankly is not -- the growth tends to be acquisition growth. and people love it. they don't look through the numbers. one of the frustrating things for the purists is there wasn't a lot of growth in oracle and the stock didn't get hit. this is a remarkable time, guys. here you don't have the classic what you want to see from tech, which is good revenue growth and no one seems to mind. >> i think in certain companies, investors are willing to...
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they got to compete against oracle, intel, hp, microsoft. in other words, this is one hedge fund manager's opinion but this value investing conference is why we're there, by the way. he says short splunk. >> we're going to actually be heading to the value investing congress. joined by barry rose enstein, just off a big win with a well timed entry and exit, turning up the heat on fertilizer company agrium. david faber has an exclusive interview later on this hour. >>> facebook stock is down more than 40% since its ipo offering. they recently started sharing ads to their half a billion users. julia boorstin spoke exclusive to the kro sheryl sandberg and she joins us now from facebook's new york headquarters. what did you hear today, julia? >> well, mandy, sheryl sandberg told me making money from the mobile users is a top priority and she couldn't deny the company has a lot of work do. she did say that facebook is uniquely positioned to pull off mobile ads. >> mobile is obviously a huge trait for the company and a huge opportunity. we have a b
they got to compete against oracle, intel, hp, microsoft. in other words, this is one hedge fund manager's opinion but this value investing conference is why we're there, by the way. he says short splunk. >> we're going to actually be heading to the value investing congress. joined by barry rose enstein, just off a big win with a well timed entry and exit, turning up the heat on fertilizer company agrium. david faber has an exclusive interview later on this hour. >>> facebook...
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and now oracle will have some maps and some of that. now, nokia has been working hard on maps with other companies such as groupon and amazon, and all of this is to compete with apple as it has the maps. so this is why nokia is powering forward with maps. back to you. dagen: thanks. >>> breaking news europe's markets are just closing. ashley webster is here with the details on people with long names. ashley: buy them a vowel. dagen: every day. ashley: first day of the quarter begins with a nice bounce on the european markets. could have been helped by the ism number here in the u.s. i think it is the ryder cup bounce. sorry. dagen: hurt me. hurt me. ashley: you know what? ftse up about 1 1/2%. the cac up 2 1/2%. the dax up 1 1/2%. that's the last i'm going to say about the ryder cup. greece's brutal recession will stretch into a sixth year next year when the economy will contract by about another 3.8%. this according to a budget submitted to the greek parliament today. the spending plan calls for package of spending cuts, tax hikes for
and now oracle will have some maps and some of that. now, nokia has been working hard on maps with other companies such as groupon and amazon, and all of this is to compete with apple as it has the maps. so this is why nokia is powering forward with maps. back to you. dagen: thanks. >>> breaking news europe's markets are just closing. ashley webster is here with the details on people with long names. ashley: buy them a vowel. dagen: every day. ashley: first day of the quarter begins...
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. >>> the oracle open world continues today. >> last night chief executive larry ellison kicked things off outlining his newest vision, a new cloud system that he says is better and faster than the competition. oracle already has a cloud system, but this new one is meant to go head to head with amazon and google. it runs through thursday. >>> 6:08 right now. coming up, the deportation decision keeping families together regardless of sexual orientation. we'll tell you about the major victory for the gay rights movement just ahead. >>> plus the race to the white house. candidates getting in some last-minute jabs before wednesday's big debate. >> reporter: and can you believe it, the a's magic number is down to one. they could seal the deal tonight. i'm christie smith. we'll tell you what still has to happen for that to happen for the oakland a's. >>> let's go athletics. but not so many didngood vie pr -- vibrations. the hockey lockout still has the sharks on ice. more talks this week, we'll keep you posted. ♪ ♪ we were skipping stones ♪ and letting go ♪ over the river and down th
. >>> the oracle open world continues today. >> last night chief executive larry ellison kicked things off outlining his newest vision, a new cloud system that he says is better and faster than the competition. oracle already has a cloud system, but this new one is meant to go head to head with amazon and google. it runs through thursday. >>> 6:08 right now. coming up, the deportation decision keeping families together regardless of sexual orientation. we'll tell you...
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nothing dramatic. >> shares of oracle during the last year, take a look at it. 31.65. he's gotten close to the top there, joe. >> all right, andrew. thank you. >>> my stories don't deserve that music? okay. thank you. you know what? i'm so nervous now and unsettled, i don't know what's coming. >> we've been working on new music, trying to find new things -- >> those drums, though. i'm so nervous about what's coming. iswhatoming during the show? is it the debate? is it the employment report? is it 2012? >> i thought this music was -- last week, i made an error. i thought this music was the nfl music. >> no. >> it might be this -- >> china's normally robust services weakened -- >> that's the nfl. >> we've been working with it. we've been working to try and find -- if you read for a minute and a half and there's nothing underneath you, it sounds a little flat. now you're blowing the whole thing that we're trying to do. >> i'm so unsettled at this point. i'm so nervous about whatever's coming. >> i'm going to get silence. >> did we pay the same consultants for this music t
nothing dramatic. >> shares of oracle during the last year, take a look at it. 31.65. he's gotten close to the top there, joe. >> all right, andrew. thank you. >>> my stories don't deserve that music? okay. thank you. you know what? i'm so nervous now and unsettled, i don't know what's coming. >> we've been working on new music, trying to find new things -- >> those drums, though. i'm so nervous about what's coming. iswhatoming during the show? is it the debate?...
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the agreement would be announced today at the oracle world conference. i've never known that maps would be so important in everybody's lives. such big important -- >> huge. >> saw something over the weekend about -- >> ever a day when apple gets maps? >> apple has a lot of money. if they just start pouring all money they have into making this better, they've gotten the message. >> i talked to engineers on bring that said it is impossible, it might take you three years to get the information to be correct. it's actually the data. >> and google has truck has go up and down -- carl had written that one drove by his, the google truck that has the camera going around. >> you can't just write an al go rhythm that finds every single side street. it's a lot of roads. >> use everybody who has an iphone to replicate what google has done by having people literally use their iphone to actually take pictures of buildings. >> to help? >> yes, to help to try to recreate crowd sourcing operation. >> i'm not helping. that could be a tux tie. >> it's a woolly tie. i'm not
the agreement would be announced today at the oracle world conference. i've never known that maps would be so important in everybody's lives. such big important -- >> huge. >> saw something over the weekend about -- >> ever a day when apple gets maps? >> apple has a lot of money. if they just start pouring all money they have into making this better, they've gotten the message. >> i talked to engineers on bring that said it is impossible, it might take you three...
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. >> nokia looks to give oracle customers access to map data and location services. this bill seems like nokia executives are trying to expand this concept companies mapping services which are going head-to-head with google map. freedom which to a start up one of the founders of sky is set to launch today a wireless data service that promises to save customers hundreds of dollars a year. the services offering users have a gigabyte of have speed wireless data free per month and day and sell more cheaper rates as a gigabyte for $10 a month 5 gb for $35 a month to have some options there from the freedom pop they said the costa much lower than with the carriers charge of the carrier since the services the data only. >> we'll be right back as the kron for morning news continues the or plastic and stethoscope consumers have only one option. and a live look from the san mateo bridge before sun sign is getting warm already this morning traffic from its low westbound it's almost 60 degrees already before i knew 90 around 4:00 this afternoon is still in the '80s. bay area is
. >> nokia looks to give oracle customers access to map data and location services. this bill seems like nokia executives are trying to expand this concept companies mapping services which are going head-to-head with google map. freedom which to a start up one of the founders of sky is set to launch today a wireless data service that promises to save customers hundreds of dollars a year. the services offering users have a gigabyte of have speed wireless data free per month and day and...
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tracy: you going to the text like miu osoft or oracle or ibm or apple. >> large cap technology stocks. and their growing. and it 201ows their dividend by 14% read the s&p has dividend twro gooh the round p g. tracy: someone said you could pay to wait. let's talk about coach. they were having issues. china really tough for them. gl we at stifle nicholas lhe re coach over the long run. hybrid turn on investor capital piusiness. company that is growing, profitable. very litecee debt and a good brand name. a good buyer for the long l i i there may be volatility so buyer beware. it is in our pouafolicess tracy: thank you so mucod. dennis: american airlines resuming stalled contract negotiations with its pilots union as early as today. half of american a3 ines' fleet of boeing 747s taken out of service earlier this week to make sure no more of those seats came loose. airline says a.cs t> camp was i turoperly stalled and that ha been corrected. eat your heaua out. twood n his for bald men in the business world. men with shave heads are more madisuline, dominant and better than men with wall
tracy: you going to the text like miu osoft or oracle or ibm or apple. >> large cap technology stocks. and their growing. and it 201ows their dividend by 14% read the s&p has dividend twro gooh the round p g. tracy: someone said you could pay to wait. let's talk about coach. they were having issues. china really tough for them. gl we at stifle nicholas lhe re coach over the long run. hybrid turn on investor capital piusiness. company that is growing, profitable. very litecee debt and...
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calle howard entre la tercera y cuarta en san francisco continua cerrada hasta el viernes por la por el oracle openworld evite este tramo los espero a las 10 en recuerdo ♪.. ♪.. >>mariachi méxico internacional >>sí, señor >>y atención, prepárense porque llego el momento de dar el nombre del ganador de los 300 dólares del pasado viernes, en despierta y gana >>están listos >>un fuerte aplauso para isabel ortíz de houston ,texas >>felicidades!! >>bravo!! >>y mañana vamos a anunciar al ganador de los dos mil dólares!! ♪. ♪. >>nada es negociable, despierta américa regala billete y del bueno, >>dos mil dólares >>dos mil pesos >>no, está mal dicho, porque pesos es menos >>haciendo la conversion, sí, no queda mucho >>recuerde puede ganar dos mil dólares!! >>panchita, ♪. >>venga, panchita. >>ricardo, salvanos, por favor. >>ok panchita se queda en casa, continuamos un conductor que se detuvo a pagar peaje en una carretera china, regreso a su casa a pie pues el auto se encendio >>un empleado de peaje trato de sofocar el fuego, pero no lo logro. se pudo rescatar la caja con el din
calle howard entre la tercera y cuarta en san francisco continua cerrada hasta el viernes por la por el oracle openworld evite este tramo los espero a las 10 en recuerdo ♪.. ♪.. >>mariachi méxico internacional >>sí, señor >>y atención, prepárense porque llego el momento de dar el nombre del ganador de los 300 dólares del pasado viernes, en despierta y gana >>están listos >>un fuerte aplauso para isabel ortíz de houston ,texas >>felicidades!!...
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spending, it is oracle and cisco. the one thing confusing for me is ibm, sap, they both said business is quite strong. accenture just said these are strong. imperricly he's wrong. anecdotely he's right, imperricly he's wrong. >> not just highs but record highs in yesterday's recession. we are seeing the providers do well in today's stock market. >> i'm surprised how often it comes up when i have decision makers talking with me they are unwilling to commit additional capital as needed. we hear it from our guests, it comes up time and again. it is somewhat overstated. can it be paralyzing business to such an extent? but it is there and i think stories like today's "new york times" which indicate perhaps -- >> you mean sorkin. >> no, progress on the front page of "the new york times" perhaps that will be embraced. imagine what would happen if we dealt with the budget deficit in a meaningful way and did deal with the issues? one thinks the uncertainty cloud goes away. if it doesn't, there's something else going on. >> i w
spending, it is oracle and cisco. the one thing confusing for me is ibm, sap, they both said business is quite strong. accenture just said these are strong. imperricly he's wrong. anecdotely he's right, imperricly he's wrong. >> not just highs but record highs in yesterday's recession. we are seeing the providers do well in today's stock market. >> i'm surprised how often it comes up when i have decision makers talking with me they are unwilling to commit additional capital as...
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sabado y hasta el miercoles la calle howard entre la tercera y cuarta estara cerrada por el evento oracle world algunas lineas de el muni seran afectadas mas detalles en 511.org los espero a las 10 en recuerdo y el domingo en el festival del solmas informacion... >>> ♪. >>> el teke teke ahora ♪. ♪. (aplausos) >>> el teke teke >>> que moviera las manos. >>> así es >>> les vamos a decir a los muchachos que manden el teke teke. >>> el chiky chiky ahora. >>> hay muchas personas que son muy creativas por ejemplo nuestra chiquinquira delgado que presenta, anima está en mira quién baila, hace crossover. >>> también tenemos a birmania ríos con este reportaje. >>>aarriba, desde nueva york., >>> margarita ha sentido desde niña una gran pasión por el piano. >>> he podido ir a estudiar piano desde niña y he tocado en carnigie hall. >>> pero sus aspiraciones no fueron solo la música. >>> siempre me ha gustado ser modelo y también la actuación, cuando hice un show, tenía la visión de poner anuncios en mi cuerpo. >>> fue así como decidió ser una cartelera humana con una amigo que es
sabado y hasta el miercoles la calle howard entre la tercera y cuarta estara cerrada por el evento oracle world algunas lineas de el muni seran afectadas mas detalles en 511.org los espero a las 10 en recuerdo y el domingo en el festival del solmas informacion... >>> ♪. >>> el teke teke ahora ♪. ♪. (aplausos) >>> el teke teke >>> que moviera las manos. >>> así es >>> les vamos a decir a los muchachos que manden el teke teke....